Bitcoin Analysis Bitcoin’s price pulled back slightly on Wednesday and concluded the day’s trading session -$80. The BTC/USD 4HR chart below by FXCM is the first chart we’re examining for this Thursday. BTC’s price is trading between the 100.00% fibonacci level [$15,479.00] and 50.00% [$16,926.00], at the time of writing. BTC’s price is trading just below the 50.00% fibonacci level despite the Total Market Cap bullishly engulfing on Tuesday. If bullish market participants… Source link
Read More »Monthly Archives: December 2022
Bitcoin, Ethereum, Monero Price Analyses
Bitcoin Analysis Bitcoin’s price pulled back slightly on Wednesday and concluded the day’s trading session -$80. The BTC/USD 4HR chart below by FXCM is the first chart we’re examining for this Thursday. BTC’s price is trading between the 100.00% fibonacci level [$15,479.00] and 50.00% [$16,926.00], at the time of writing. BTC’s price is trading just below the 50.00% fibonacci level despite the Total Market Cap bullishly engulfing on Tuesday. If bullish market participants… Source link
Read More »Monero (XMR) Price Prediction 2023: Coinspaker Advent Calendar
Despite the strain on the ecosystem, we believe next year will be a turnaround for Monero with a unique upside for the coin by year-end. Dear readers, welcome to another episode of the Coinspeaker Advent Calendar as we plunge into the Monero (XMR) ecosystem and what it holds for the average investor in the coming year. The Monero Ideology As we have done for the better part of this Advent Series, we dive into what a particular asset class stands for, its basic fundamentals, and prospects. These… Source link
Read More »Litecoin price analysis: Price rejoins $66.37 high as bullish momentum recharges
Litecoin price analysis shows a bullish trend as prices move to reclaim the $66.37 level, However, the bulls may encounter selling pressure at this level. If they do, a retracement to around $64.90 could occur. Litecoin prices have seen a steady increase over the past hours as buyers return to the market. Prices reached a low of $64.90 on the previous day, and have since climbed back up to $66.37. The price of LTC has seen some strong buying pressure as of late and looks poised to continue… Source link
Read More »Elon Musk Integrates Bitcoin, Ethereum Charts On Twitter
In an unexpected move, Elon Musk has introduced a new feature on Twitter that should please the broader crypto community, but disappoint Dogecoin fans. Twitter launched live charts for the two largest cryptocurrencies by market cap, Bitcoin and Ethereum, late Wednesday night (ET). Users of Twitter will see the charts with live data of the price of BTC and ETH when they use the search function and enter either the full name or the abbreviation (BTC or ETH). The new feature is an improvement… Source link
Read More »Bitcoin Price and Ethereum Prediction; Paxful Delists Ethereum
During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from the peer-to-peer cryptocurrency exchange Paxful on the grounds that it is no different from any other fiat money. Paxful Delists… Source link
Read More »British Columbia suspends new electricity connections for crypto miners
Canadian province British Columbia has paused new electricity connection requests from cryptocurrency miners for 18 months to support the province’s climate action and economic goals. See related article: Bitcoin mining difficulty drops more than 7% as cash crunch hits miners Fast facts The Government of British Columbia said it hopes the suspension will ease power restraints for the province while its main electricity distributor, BC Hydro, is given more time to establish a permanent… Source link
Read More »Bitcoin, Ether continue slide; U.S. equities gain on consumer confidence boost
Bitcoin and Ether fell in Thursday morning trading in Asia, along with all other non-stablecoin top 10 cryptocurrencies. Polkadot led losses with a drop of more than 2%, with Cardano and BNB following close behind. See related article: Retail-owned Bitcoin supply reaches all-time high Fast facts Bitcoin lost 0.5% to US$16,824 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 0.3% to trade at US$1,213, according to data from CoinMarketCap. Bitcoin has lost almost 5% in the past seven… Source link
Read More »Craig Wright Signals He's Given Up On Convincing Courts He Invented Bitcoin – CoinDesk
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Read More »First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves. – CoinDesk
“First Mover” covered the top stories in crypto, including Sam Bankman-Fried reportedly signing paperwork to begin the extradition process. Bernie Madoff’s former attorney, Ira Lee Sorkin, weighed in. Plus, TRON founder Justin Sun discussed the chill of crypto winter as Core Scientific, one of the largest bitcoin miners, filed for bankruptcy. And Teddy Fusaro of Bitwise Asset Management provided his crypto markets outlook heading into the new year. Source link
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